WOMEN GREATEST BENEFICIARIES OF HEVA FUND

HEVA Fund an East Africa fund aimed at funding creative enterpreneurs involved in organizing live music events, design and fashion, manufacturing and retail, film creation and the development of gaming software late this week signed an agreement with the Agence française de développement a french financing agency that will see the fund receive up to Ksh90 million from the institution to offer financial support to established businesses based in Kenya- Albeit those with a minimum of 5 permanent members of staff and with annual income below Ksh50 million – and technical support (financial modelling) to business within the larger east Africa region.

Speaking at the signing event ceremony held in the lush gardens of its office based in Kileleshwa Nairobi, HEVA’s finance manager Ms Maureen Njuguna expressed confidence saying that they hope grow the fund and disburse upto Ksh 0.5 Billion in the next few years.

Present at the event was founder and Creative director of PEPERUKA limited who benefited from a USD5000 loan from the institution.

Remi Rioux of AFD

MAurine Njuguna HEVA finance Manager

George Gachara. Managing Partner HEVA fund